As longtime readers will recall, Diane and I are big fans and regular participants of the Inman Connect conferences.  […simply perform a search of the term “Inman” on our blog to see how many times we’ve referenced it in past posts.]  These conferences, held bi-annually in San Francisco and New York City, bring together leaders […]

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Forty-eight percent of Nevada homeowners with a mortgage owe more to the bank than their homes are worth, according to a report released today by First American CoreLogic.  Nevada leads the country with 48% of it’s mortgagors underwater; followed by California, Arizona and Florida, Georgia and Michigan.
Collectively these top six states account for nearly 60 […]

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Not every home owner lays down and throws in the towel when faced with foreclosure.  Many go for the short sale, where the bank(s) are asked to take less than what is owed on the loan(s).  Most short sales have been unsuccessful, but a few are making it through to a sale.  How short will […]

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This house just listed as MLS# 80016867.  I don’t have anything to add about the property - the listing agent pretty much nailed it in the Listing Comments:  Great location above the university..your buyer can miss this opportunity..agents please read private remarks.

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 In reviewing  the Housing Sales –3rd Quarter 2008, Incline Village, Nevada report from the Center For Regional Studies at University of Nevada, Reno and provided  by First Centennial Title Co.,  it appears that the median sales price has increased  by 9% over 2nd quarter 2008 although it is down 16.3% from 3rd quarter 2007. 
 
 
 
 
 
 

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Last week’s post on Montreux Sales prompted some readers to request similar sales data for the ArrowCreek development.  Rather than go through the exercise of pulling and compiling the data, I simply asked my colleague, Donna Spear, for the current ArrowCreek sales numbers.  Donna is a fellow agent at Chase International and has been tracking […]

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 The number of NOD’s continued to climb as expected in September although inventory levels appear to be dropping and will continue downward as the holiday season approaches.  However, with growing uncertainty facing our financial markets and the growing numbers of distressed properties in the marketplace brings about the question of, will prices stabilize sometime in […]

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The first resale listing at the Belvedere has just hit the MLS.   #810 is a whopping 549 SF 1 bedroom unit purchased 5 February 2008 for $270,560 ($565/SF).  $10 down payment!  It has been listed at $310,000 with the note "Please call listing agent regarding this property due to showing restrictions and more information as […]

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As more homeowners are electing to stay in their present homes rather than trying to sell in this challenging market and buy new, many are considering remodeling projects at home.  If you are planning to remodel an older the home the following info may be of interest.  [The following is reprinted by permission from Asbestos.com.]
Few […]

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Last year Diane posted historical sales figures for Montreux (see Montreux Sales History).  She updated those numbers in January of this year (see Montreux Sales Update).
Recently a reader asked that we update the numbers to include 2008 sales to date.  Below are the latest sales numbers taken from MLS.

Montreux Sales (total)

Year

No. of Solds

Dollar Volume

Avg. Price

Median Price

Avg. $/sq.ft.

Avg. […]

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